Pro forma financial statements

{
  "id": "MLC-T-INS-002680",
  "term": "Pro forma financial statements",
  "field": "Insurance and risk management",
  "definition": "Financial reports that project a company's future financial performance based on certain assumptions or hypothetical scenarios. These statements are often prepared to illustrate the financial impact of a proposed transaction, such as a merger or acquisition, or to forecast results under different operating conditions. They are not based on historical data alone.",
  "url": "https://mlchart.com/terminology/insurance/pro-forma-financial-statements/"
}